Which of the following is not a generally recognized internal control procedure?
A)Establishing of clear lines of authority to carry out specific tasks
B)Physically counting inventory in a perpetual inventory system
C)Reducing the cost of hiring seasonal employees
D)Limiting access to computerized accounting records

Question

Quizplus · Accepted Answer

Establishing clear lines of authority, physically counting inventory, and limiting access to computerized accounting records are all recognized internal control procedures. However, reducing the cost of hiring seasonal employees is not necessarily an internal control procedure.

Which of the Following Is Not a Generally Recognized Internal